We have been following the WTI Crude Oil descending triangle. USDWTI forming a descending triangle.It is now complete with price just hovering above the 45.85 triangle support. It looks like the 7/6 session, and perhaps the next few sessions will be the moment of truth.WTI Crude 4H Chart 7/6(click to enlarge)- If the 45.85 area holds, let's see what happens to the rally.- If a rally comes up and holds under 48, WTI Crude would likely still be in a bearish swing. - If price holds under 48, it would show respect to the cluster of moving averages in the 4H chart. A previous support pivot would become resistance as well. - If price holds under 48, I would have more confidence that bears will push WTI Crude below 45.85. - In the bearish breakout scenario, I would look for price to test the 42.50-43 support/resistance pivot area. - A break above 48 shows that USDWTI is still neutral-bullish, but it would still be in consolidation, so the bullish outlook should still be limited until more clues suggest otherwise.